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Sector Update: Health Care Stocks Climb Late Afternoon
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Sector Update: Health Care Stocks Climb Late Afternoon
Sep 11, 2025 1:17 PM

03:49 PM EDT, 09/11/2025 (MT Newswires) -- Health care stocks rose late Thursday afternoon, with the NYSE Health Care Index up 1.8% and the Health Care Select Sector SPDR Fund (XLV) adding 1.9%.

The iShares Biotechnology ETF (IBB) climbed 2.1%.

In corporate news, Absci ( ABSI ) shares jumped nearly 15% after it said Thursday it is working with Oracle's (ORCL) Cloud Infrastructure and AMD (AMD) to advance generative AI-driven drug discovery through its generative AI drug creation platform.

Centene ( CNC ) shares gained 10% after the company said in a regulatory filing that its business and financial results through August are consistent with its full-year 2025 forecast.

Profusa ( PFSA ) shares surged 70% after it said Thursday it is using Nvidia (NVDA) technology to build an AI-driven physician portal for continuous biochemistry monitoring.

GRI Bio ( GRI ) shares rallied 36% after it said Thursday that interim data from its phase 2a study of GRI-0621 in idiopathic pulmonary fibrosis showed no decline in lung function at six weeks.

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